155 Penetang Street, Barrie, ON
Property Highlights
Welcome to this remarkable Bungalow duplex located in the coveted neighborhood of Codrington. Expertly crafted featuring premium vinyl siding and brick construction, this residence presents an exceptional opportunity offered at $615,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 5 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 700-1100 sqft on a premium 51.6 x 128 ft lot
- Features a apartment, walk-up, separate entrance, full basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available
- Notable attributes: Accessory Apartment
- Efficient forced air heating via gas
Description
Welcome to this legal duplex in Barrie's desirable East End - a perfect opportunity for investors or multi-generational living! This solid bungalow features two fully self-contained units with separate entrances.The main level is vacant and move-in ready, offering 3 bedrooms, a 4-piece bath, convenient in-suite laundry, and a bright open layout. Recent updates include a full remodel in 2022, giving it a fresh, modern feel.The lower level is a fully finished 2-bedroom apartment with a separate entrance, updated kitchen and bathroom (2019), and a reliable tenant who wishes to stay, providing instant rental income.Other major updates include roof shingles (2015), yard regraded with a new deck (2023), and a new furnace (2024). The fully fenced backyard offers privacy and outdoor enjoyment.Located just steps from a bus stop, and minutes to Georgian College, Royal Victoria Hospital, downtown Barrie, and the waterfront, this property combines convenience, comfort, and strong investment potential.Don't miss this turnkey legal duplex - a fantastic addition to any portfolio or an ideal home with mortgage helper!
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Key Features
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Property Details
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Features
Property Features
Fenced Yard, Hospital, Park, Public Transit, School, Place Of Worship
Interior Features
Accessory Apartment
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Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 155 Penetang Street, Barrie, ON L4M 1V9
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Barrie, ON
For a property listed at $615,000 in Barrie, the legal minimum down payment is $36,500 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $8,775 for this transaction. As this listing is in Barrie (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $8,775.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.